Post by
seriousinvest on Jul 20, 2020 5:45pm
Something is going on! I just don't know what it is.
In a normal day on the TSX a few hundred thousand shares would trade. Today over 8M. On the NYSE a normal day is a few million shares. Today 120M. I think there are only 150M outstanding. On both exchanges up over 50%. Despite that no announcement. It is very strange to have that much activity without some announcement. The most logical explanation is that someone is making a counteroffer which I hope is the case because I didn't like the deal on the table. An offer would normally be accompanied with a press release. Maybe we will have more infor tomorrow but for now I am not buying or selling until I know what's going ony
Comment by
testomax on Jul 20, 2020 8:21pm
Probably first see filings on the US side where the buying all occured...most of the Canadian trading was just b/c of the dual listing. I am guessing it was Rob Snyder and we will see a competing proposal before the end of the week. JMO.